According to the proposed research plan, the Ho Chi Minh City Ring Road 4 project is 207 km long, passing through 5 localities, with a total investment of about 106,000 billion VND.
The Ring Road 4 – Hanoi Capital Region is under construction. Photo: Huy Hung/TTXVN
In phase I total investment is 106,000 billion VND, the section crossing Long An province is over 78 km (total investment of about 47,068 billion VND); Binh Duong 47.5 km (about 18,993 billion VND); Dong Nai 45.6 km (about 17,300 billion VND); Ba Ria – Vung Tau 18.1 km (about 8,100 billion VND); Ho Chi Minh City about 17.3 km (about 14,502 billion VND).
The Ministry of Transport and Communications has summarized the opinions of the localities proposing 2 implementation options: The localities in charge, acting as the project’s representatives; merge the entire project for implementation. However, to ensure the efficiency of investment, resource mobilization and implementation, the localities have unanimously agreed to study the investment according to option 1, expected to submit to the National Assembly for special mechanisms and central counterpart funding support for the localities.
The Ho Chi Minh City Ring Road 4 project will complete the feasibility study report and submit to the National Assembly by mid-2024, with construction expected to start in 2025 and be completed in 2028.
